Roundhill Magnificent Seven ETF Surpasses $100 Million in AUM
MAGS is the first and only
Following the fund's name change from the Roundhill BIG Tech ETF to the Roundhill Magnificent Seven ETF, and the inclusion of Tesla and Nvidia, MAGS has seen a meaningful increase in asset growth and trading activity.
"As the only ETF offering exposure to the Magnificent Seven stocks, investors and traders have gravitated to the MAGS ETF," said Dave Mazza, Chief Strategy Officer at Roundhill Investments. "In our view, the Magnificent Seven moniker is here to stay and MAGS uniquely allows investors to express their view on the seven market leaders with absolute precision."
Roundhill has recently filed for three additional funds tied to the Magnificent Seven, including leveraged and inverse versions. The firm anticipates launching additional Magnificent Seven related ETFs in the first quarter of 2024.
For more information about MAGS, please visit: https://www.roundhillinvestments.com/etf/mags/
About Roundhill Investments:
Roundhill Investments is a registered investment adviser focused on offering innovative financial products designed to offer exposure to investment themes that appeal to the next generation of investors. To learn more about the company, please visit roundhillinvestments.com.
Investors should consider the investment objectives, risk, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the MAGS ETF please call 1-855-561-5728 or visit the website http://www.roundhillinvestments.com/etf/mags. Read the prospectus and summary prospectus carefully before investing.
Important Risks
The Fund expects to have concentrated (i.e., invest more than
The MAGS ETF is distributed by Foreside Fund Services, LLC.
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SOURCE Roundhill Investments